Weekly Break cup and handle break out, RSI is a question as it is falling down slightly. Volumes are slightly increasing . This seems to be a week game. This company has board meeting on 31st Jan. Need to see whether it hits the Targets of 90,105,111 and 120. SL is 72 . If the result comes positive chances are that this stock would hit the up trend pattern...
Found this downtrend pattern . Sounds like if the pattern continuous this may go below the book value. Will this break this pattern ?.Seems it is struggling.
Not promising numbers on the fundamental, though less or almost zero debts.RSI is downwards,small market capital. However, Pattern is on break- out one can think of short term delivery trades with SL and desired targets according to your conviction . Keeping this stock in my notes to research more on fundamental and to check if this is a progressive business to...
Valume in daily chart looks good . However, RSI is still on lower side keep watch on raising RSI . Appears that cup pattern . May shoot up further.
Huge falling from July 2017 to Jan 2020 as high as 780 to as low as 280. Its making a new pattern now, Considering falling rsi and selling volume . Got to see if it makes new pattern of break out or break down .
As far as Pattern is concern it went up giving pole and flag , I guess above 400 it will be great stuff again and below 240 it will be worst. Will keep watching this .. Interesting one ..